Retirement Consultants, Inc.

11/25/2020

Financial Advisor for Physicians in Tucson

Partnering with a credible financial advisor is the best way for physicians to strategically develop a strong portfolio and roadmap for achieving secure retirement. Contact Retirement Consultants today!

11/24/2020

How to Identify a Trustworthy Financial Advisor
ARE THEY DISCIPLINED?

If the COVID-19 pandemic has highlighted any important financial principle, it’s this: Have a plan and stick to it. Those who had a financial plan saw some statement pain earlier in the year, but many portfolios are either back to where they were in January, or have surpassed January’s value.

Ask your financial advisor about how they’ve handled the pandemic with their clients. Ask specifically about clients near retirement. You’ll want to hear something along the lines of, “Well, we’d already transitioned them to less-risky assets, so this was a non-event.” Or, you might ask about their clients who are new to their careers. You’ll want to hear something like, “This is an opportunity to invest, and we’ve encouraged them to invest monthly and focus on the long haul.”
You’ll also want to see discipline and doggedness in how a financial advisor saves you money. If you’re vetting advisors, do some preliminary research on changes to the tax code. Make sure that they know more than you do about it. Ask them how they go about saving clients money on taxes.

At Retirement Consultants, we will help you bring order to your financial life.

Contact us today! (520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona

11/23/2020

11/20/2020

This factor is also fairly straightforward. You shouldn’t take financial advice from anyone who isn’t a Certified Financial Planner (CFP). But beyond that, there are two other things you can ask a prospective financial advisor to assess their skill. One is, how have they learned from their mistakes? We all make mistakes, including physicians and financial advisors. We can either distance ourselves from these missteps, or learn from them. A financial advisor who doesn’t have a good answer might be inexperienced, or unwilling to learn from failure.

The second question is, what are they doing to stay educated? Maintaining CFP status requires a certain amount of continuing education. But beyond that, a trustworthy financial advisor will be reading books on finance, listening to podcasts, and reading financial news voraciously. Ask them about what they’re doing to educate themselves beyond the requirements.

At Retirement Consultants, we will help you bring order to your financial life.

Contact us today! (520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona

11/19/2020

How to Identify a Trustworthy Financial Advisor
DO THEY DO WHAT THEY SAY THEY’RE GOING TO DO?

A trustworthy financial advisor will be long on attention and short on excuses. They return your calls promptly. They open and close accounts as promised. They are on time for meetings.

This seems straightforward, but it’s not. You can use yourself as an example. How often is your care plan administered as ordered? How often do you actually talk to patients’ families?

A trustworthy financial advisor will honor these commitments.

At Retirement Consultants, we will help you bring order to your financial life.

Contact us today! (520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona

11/18/2020

The key here is, are they interested in you, or just telling you about themselves, their firms, their clients, etc.? Unfortunately, many in the financial advisory industry are perversely incentivized. The right financial advisor for a physician spends more time asking the physician questions than telling the physician about the aforementioned factors.

Specifically, a good financial advisor will probe deeply about what your financial goals are, assuming nothing. They’ll delve into the logistics of your target retirement date, plans for a family, and spending habits. They’ll also ask you — gasp — some emotional questions too. Money is such a significant part of our lives that it is inexorably linked to how we behave and how we feel. A good financial advisor will strive to understand not just how you act regarding money, but how you feel about it.

At Retirement Consultants, we will help you bring order to your financial life.

Contact us today! (520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona

11/17/2020

A proper financial plan considers your personal circumstances, objectives and risk tolerance. It acts as a guide in helping choose the right types of investments to fit your needs, personality, and goals.

At Retirement Consultants, we will help you bring order to your financial life. Contact us today!

11/13/2020

Doctors don’t mince words about health and your financial advisor shouldn’t mince words about your financial health. As a physician, you have a moral and ethical obligation to describe disease states to patients accurately. The same is true for financial advisors. If you have a financial disease, then you need to know about it.

If you’re looking for a financial advisor, you need to first do some financial introspection. Assess your strengths and weaknesses. Focus on the weaknesses. Maybe you have too much student loan debt, or you’ve under-saved for retirement at your current career stage. Your ideal financial advisor will point out these things unflinchingly, and have a plan to get you on track.

At Retirement Consultants, we will help you bring order to your financial life.

Contact us today! (520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona

11/12/2020

Paying off debts early will help you meet your retirement budgets and ease the financial burden. According to an AARP report, 44 percent of Americans continue to pay for their home after they retire.
Clearing off outstanding debts, credit card bills, loans, and mortgages will make it much easier to prioritize retirement funds.

At Retirement Consultants, we will help you bring order to your financial life.

Contact us today! (520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona

11/11/2020

One of the popular rules of thumb is that you should put aside enough to have about 70% of your current income for every year of retirement. However, that might not be true for you. Your taxes will probably decrease, you won’t need to pay for college for your children, you don’t need to stash away money for retirement and (hopefully) your mortgage will be paid off. Instead of assuming that you will need 70% of your income, think critically about what expenses you will actually have.

Talk to us today. We will be there to help you make the best financial decisions for you and your family.
(520) 615-6005



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant For Arizona

11/10/2020

Since 1991, we’ve helped clients pursue their dreams in all kinds of markets through deep financial expertise and an unwavering commitment to your best interests.

From financial planning to investment management, it’s our mission to help you achieve every one of your goals in life.

To learn more about our services and get started today, call us at (520) 615-6005 or visit our website https://wise-assets.com



Financial Advisor for Physicians in Oro Valley
Financial Planner for Attorneys in Oro Valley
Fiduciary Consultant for Arizona